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Monday, April 4, 2011 Berkowitz Bucks Bear Market Trend Bear market? What bear market? The Wall Street Journal today uncovered a list of funds that have bucked the bear market of the past five years and raised their asset levels significantly to boot. The most prominent manager bucking the anti-U.S.-equity trend is Bruce Berkowitz's Fairholme Capital Management [see profile], which has reportedly netted inflows over the five years equal to 838 percent of its year-end 2005 assets. Other managers reportedly experiencing huge growth in recent years include Yacktman Asset Management [see profile]; Pacific Heights Asset Management LLC [see profile]; Metropolitan West Asset Management [see profile]; Manning & Napier Advisors Inc. [see profile]; Van Eck Global [see profile] ; Alpine Woods Capital Investors LLC [see profile]; Henderson Global Investors [see profile]; Hussman Econometrics Advisors Inc. [see profile] ; and Lazard Asset Management LLC [see profile]. Printed from: MFWire.com/story.asp?s=36450 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |